Hertz Offers Better-than-Expected Q2, Full-Year Guidance (HTZ)
Posted on June 25, 2009 at 12:38 PM EDT
Rent-a-car company Hertz Global Holdings, Inc. (HTZ) on Thursday predicted higher second quarter and full-year profits than analysts had been expecting, sending its shares climbing. The Park Ridge, New Jersey-based company forecast second quarter net income of 9 cents to 10 cents per share on revenue between $1.7 and $1.75 billion. On average, Wall Street analysts expect [...]